Friday, March 2, 2012

Cartel Added 27 Million Oz of Silver Shorts, 1.6 Million Oz Gold Shorts in Week Prior to Raid

The commercial's increased their silver net short position a massive 5,405 contracts (27.025 million ounces!) in the week ending Tuesday 2/28, the day prior to Wednesday's massive gold and silver raid.
The commercials increased their gold net short position even more drastically, piling on a net 16,049 new gold shorts, or 1.604 million ounces!
In the past 6 weeks, the commercials have increased their net silver shorts from 20,382 contracts to 44,593 net shorts!  This is an increase of 119%- or 121,055,000 ounces in only 6 weeks!!
Clearly this was all in preparation for Wednesday's main event, where 225 million ounces of paper silver, and 3 million ounces of gold were dumped on the market in mere minutes!
Expect the commercial net short position to have been greatly reduced into Wednesday's smash, which won't show up until next Friday's COT report.

Gold, Silver COT Report 3/2/12



Silver COT Report - Futures
Large Speculators
Commercial
Total
Long
Short
Spreading
Long
Short
Long
Short
38,012
8,009
19,872
33,802
78,395
91,686
106,276
3,193
-145
-1,673
2,067
7,472
3,587
5,654
Traders
80
31
33
31
48
131
93
Small Speculators
Long
Short
Open Interest
24,180
9,590
115,866
1,696
-371
5,283
non reportable positions
Change from the previous reporting period
COT Silver Report - Positions as of
Tuesday, February 28, 2012
Silver COT Report - Futures & Options Combined

Silver COT Report - Futures & Options Combined
Large Speculators
Commercial
Total
Long
Short
Spreading
Long
Short
Long
Short
41,628
6,066
46,078
48,250
99,722
135,956
151,865
6,013
202
-2,369
1,943
10,391
5,587
8,224
Traders
99
24
55
35
49
150
113
Small Speculators
Long
Short
Open Interest
28,401
12,491
164,356
2,762
125
8,349
non reportable positions
Change from the previous reporting period
COT Silver Report - Positions as of
Tuesday, February 28, 2012




Gold COT Report - Futures
Large Speculators
Commercial
Total
Long
Short
Spreading
Long
Short
Long
Short
231,050
37,830
32,561
145,061
390,412
408,672
460,803
Change from Prior Reporting Period
16,707
4,448
2,655
-943
15,106
18,419
22,209
Traders
200
61
71
45
52
277
157


Small Speculators




Long
Short
Open Interest



70,372
18,241
479,044



3,949
159
22,368



non reportable positions
Change from the previous reporting period

COT Gold Report - Positions as of
Tuesday, February 28, 2012


All a lead up to this: